This paper explores a deviation from Arrow-Debreu theory that arises from the fact that not everyone is born at the beginning of time The risks associated with holding capital assets, for instance, can be shared with others alive at the same time, but they cannot be shared with future generations
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Intergenerational Risk Sharing in the Spirit of Arrow, Debreu, and Rawls, with Applications to Social Security Design Laurence Ball Johns Hopkins University
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results of the paper is that better intergenerational risk-sharing does not reduce Intergenerational Risk Sharing in the Spirit of Arrow, Debreu, and Rawls, with
Gollier Intergenerationalrisksharingandrisktakingofapensionfund
intergenerational risk sharing effects of paygo schemes in a framework that allows Ball, L and N G Mankiw (2001): “Intergenerational risk sharing in the spirit of Arrow, Debreu, and Rawls, with applications to social security design”, NBER
intergenerational risk sharing effects of paygo programs 1 Generally, the N G Mankiw (2001): “Intergenerational risk sharing in the spirit of Arrow, Debreu, and
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Intergenerational risk sharing by funded pension schemes may increase Ball, L and N G Mankiw, 2007, Intergenerational Risk Sharing in the Spirit of Arrow, Debreu, and Rawls, with Applications to Social Security Design, Journal of
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OECD Working Paper on Insurance and Private Pensions 4 Ball, L and N G Mankiw, (2007), Intergenerational Risk Sharing in the Spirit of Arrow, Debreu, and
[2] Ball, L and N G Mankiw (2007): “Intergenerational risk sharing in the spirit of Arrow, Debreu, and Rawls, with applications to social security design”,
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The Journal of Finance, 69(1): 51–99 Ball, Laurence, and N Gregory Mankiw 2007 “Intergenerational Risk Sharing in the Spirit of Arrow, Debreu, and Rawls,
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